1 Top Oil Stock to Buy and Hold Through the End of the Decade

Oil continues to play a fundamental role in the global energy picture, and that’s unlikely to change anytime soon. For instance, British oil major BP estimates that global oil demand will now grow through 2030 due to relaxed efforts to curb carbon emissions.

The Trump administration has famously supported domestic energy, and this should continue in the face of soaring energy requirements for data centers, which could significantly increase natural gas demands over the coming years. Combine the two trends, and it looks like investing in American energy is a smart move.

Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »

ConocoPhillips (NYSE: COP) is one of the world’s largest exploration and production companies. Here is why owning this top oil stock through the rest of this decade could do wonders for your stock portfolio.

Image source: Getty Images.

ConocoPhillips operates out of Houston, Texas, nestled in an oil-rich region in the southern United States. The basins in the lower 48 states, including the Delaware, Eagle Ford, and Midland, account for most of the oil and gas the company produces, although it has assets in other regions worldwide. Additionally, ConocoPhillips expanded further after acquiring Marathon Oil in late 2024.

There is a lot of shale in the southern United States, which is cheaper and faster to drill than deepwater wells. ConocoPhillips generated $7.3 billion in free cash flow in 2025, and management anticipates that it will increase by $1 billion annually in 2026, 2027, and 2028. Then, free cash flow could surge by another $4 billion in 2029, when a large project in Alaska begins producing its first oil. In all, company-wide cash flow could double by the end of the decade.

Outside of investing in oil and gas projects, oil companies love returning cash to shareholders. But as a pure exploration and production company, market prices for oil and gas dramatically impact how much ConocoPhillips can spend on dividends and share repurchases.

Management’s cash flow projections assume an average WTI crude oil price of $70 per barrel. WTI currently trades at $63, near its lows over the past five years. Oil prices would need to implode and stay low to seriously jeopardize the company’s cash flow. On the other hand, there’s an upside if oil prices remain higher.

Even though ConocoPhillips funded its $22.5 billion Marathon acquisition with stock, management wisely spent heavily on repurchases shortly after closing the deal, when higher commodity prices boosted cash flow. Today, the company’s share count is actually 9% lower than five years ago.

ConocoPhillips stock currently yields 3%, and the company has set the stage for more dividend growth and repurchases over the coming years. The stock should stand out to anyone looking for a top-notch oil stock to benefit from America’s energy boom.

Before you buy stock in ConocoPhillips, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and ConocoPhillips wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $420,595!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,152,356!*

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*Stock Advisor returns as of February 19, 2026.

Justin Pope has no position in any of the stocks mentioned. The Motley Fool recommends BP and ConocoPhillips. The Motley Fool has a disclosure policy.

1 Top Oil Stock to Buy and Hold Through the End of the Decade was originally published by The Motley Fool

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